Event: STZ reports its calendar Q4 earnings Wednesday before the open. The options market is implying about a 7% move post-earnings, which is slightly low relative to both the 4 qtr avg move of about 11%, …
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MorningWord 10/9/12: Looking back to Q1 this year, there was a good bit of optimism surrounding PC growth in 2012 as investors shrugged off worries of tablet cannibalization and chose to focus a tad more on the …
Continue reading2nd Trade Update Sept 7th, 2012 at 9:35pm: INTC finally pre-announced a weaker than expected Q3 this morning citing weak PC demand. Whats remarkable to me that in a market that appears to discount most …
Continue readingTrade Update Sept 4th, 2012 at 1:53pm: In a little over a month INTC has sold off about 6.5% since initiating the Sept Put Fly detailed below, and down about 10.5% since DELL and HPQ reported …
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Back on July 3rd, when INTC was ~$26.80, I bought a tight $1 wide Put Spread to express a near term bearish view as the company approached their Q2 earnings event. The stock sold off …
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If you are a politician in the U.S. or Europe then the pressure is on and it isn’t even re-election season yet. European leaders “averted” Greece’s default with a massive $100 billion bailout, while our …
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